스티렌 부타디엔 스티렌(SBS) 시장 규모, 점유율, 성장 분석 : 유형별, 용도별, 최종사용자별, 지역별 - 업계 예측(2026-2033년)

Styrene Butadiene Styrene Market size was valued at USD 6.24 Billion in 2024 and is poised to grow from USD 6.6 Billion in 2025 to USD 10.37 Billion by 2033, growing at a CAGR of 5.8% during the forecast period (2026-2033).

The styrene butadiene styrene (SBS) market is experiencing robust growth, primarily fueled by its diverse applications across adhesives, footwear, and polymer modification sectors. Renowned for its optimal balance of elasticity and strength, SBS is increasingly sought after in various industries. The escalating demand for eco-friendly and high-performance materials, alongside technological advancements in SBS production, has further catalyzed market expansion. Additionally, the growth of the construction and automotive industries has significantly bolstered SBS consumption. Nonetheless, challenges such as supply chain disruptions and fluctuations in raw material prices persist. The market is poised for continued evolution, driven by manufacturers' commitment to sustainable practices and innovative product development, ensuring it remains relevant to evolving consumer and industry needs.

Top-down and bottom-up approaches were used to estimate and validate the size of the Styrene Butadiene Styrene market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Styrene Butadiene Styrene Market Segments Analysis

Global Styrene Butadiene Styrene Market is segmented by Type, Application, End user and region. Based on Type, the market is segmented into Non-Oil-extended SBS, Oil Extended SBS. Based on application, the market is segmented into Footwear, Asphalt Modification, Polymer Modification, Adhesives & Sealants, Medical Devices, Electric & Electronic Devices, TPE Compounding and Others. Based on end user, the market is segmented into Construction, Automotive, Consumer Goods. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & and Africa.

Driver of the Styrene Butadiene Styrene Market

The rising need for long-lasting and economical materials across various sectors, including automotive, construction, and packaging, is significantly driving the expansion of the global styrene-butadiene-styrene (SBS) market. SBS is favored for its outstanding properties such as high elasticity, superior impact resistance, and excellent adhesion, making it an ideal choice for diverse applications. This trend reflects a broader shift in industries towards materials that provide both performance and cost-efficiency, further enhancing the appeal of SBS as a go-to solution for manufacturers seeking reliable and versatile components in their products. Consequently, this growing demand is fueling the overall market growth for SBS.

Restraints in the Styrene Butadiene Styrene Market

The growth of the Styrene Butadiene Styrene (SBS) market is being hindered by increasing environmental concerns and stringent regulations related to the disposal and recycling of styrene-based products. These materials are associated with pollution and may lead to significant long-term ecological issues, prompting regulatory bodies to impose restrictions that impact production and usage. As manufacturers and companies navigate these challenges, the need for sustainable practices and alternatives to styrene-based materials becomes more pronounced. Consequently, the pressure to innovate and adopt eco-friendly solutions limits the overall expansion of the SBS market in the face of growing environmental awareness.

Market Trends of the Styrene Butadiene Styrene Market

The global styrene butadiene styrene (SBS) market is experiencing a dynamic shift, characterized by increasing demand fueled by its diverse applications in sectors like adhesives, footwear, and polymer modification. Technological advancements are enhancing product properties, notably increasing flexibility and impact resistance, catering to the evolving needs of manufacturers. Concurrently, the push for sustainable practices is driving interest in bio-based SBS alternatives, reflecting a growing consumer awareness regarding environmental impact. Moreover, strategic partnerships among industry leaders for research and development are fostering innovation, positioning the market for future growth. Collectively, these trends highlight a transformative phase in the SBS landscape that prioritizes eco-friendliness and functionality.

Table of Contents

Introduction

• Objectives of the Study
• Scope of the Report
• Definitions

Research Methodology

• Information Procurement
• Secondary & Primary Data Methods
• Market Size Estimation
• Market Assumptions & Limitations

Executive Summary

• Global Market Outlook
• Supply & Demand Trend Analysis
• Segmental Opportunity Analysis

Market Dynamics & Outlook

• Market Overview
• Market Size
• Market Dynamics
  • Driver & Opportunities
  • Restraints & Challenges
• Porters Analysis & Impact
  • Competitive rivalry
  • Threat of substitute
  • Bargaining power of buyers
  • Threat of new entrants
  • Bargaining power of suppliers

Key Market Insights

• Key Success Factors
• Degree of Competition
• Top Investment Pockets
• Market Ecosystem
• Market Attractiveness Index, 2025
• PESTEL Analysis
• Macro-Economic Indicators
• Value Chain Analysis
• Pricing Analysis
• Technological Advancement
• Regulatory Landscape
• Case Studies
• Customer & Buying Criteria Analysis

Global Styrene Butadiene Styrene Market Size by Type & CAGR (2026-2033)

• Market Overview
• Non-Oil-extended SBS
• Oil Extended SBS

Global Styrene Butadiene Styrene Market Size by Application & CAGR (2026-2033)

• Market Overview
• Footwear
• Asphalt Modification
• Polymer Modification
• Adhesives & Sealants
• Medical Devices
• Electric & Electronic Devices
• TPE Compounding
• Others

Global Styrene Butadiene Styrene Market Size by End-User & CAGR (2026-2033)

• Market Overview
• Construction
• Automotive
• Consumer Goods

Global Styrene Butadiene Styrene Market Size & CAGR (2026-2033)

• North America, (Type, Application, End user)
  • US
  • Canada
• Europe, (Type, Application, End user)
  • UK
  • Germany
  • Spain
  • France
  • Italy
  • Rest of Europe
• Asia-Pacific, (Type, Application, End user)
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia Pacific
• Latin America, (Type, Application, End user)
  • Brazil
  • Rest of Latin America
• Middle East & Africa, (Type, Application, End user)
  • GCC Countries
  • South Africa
  • Rest of Middle East & Africa

Competitive Intelligence

• Top 5 Player Comparison
• Market Positioning of Key Players, 2025
• Strategies Adopted by Key Market Players
• Recent Developments in the Market
• Company Market Share Analysis, 2025
• Company Profiles of All Key Players
  • Company Details
  • Product Portfolio Analysis
  • Company's Segmental Share Analysis
  • Revenue Y-O-Y Comparison (2021-2023)

Key Company Profiles

• Asahi Kasei Corporation
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• China National Petroleum Corporation (CNPC)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Dynasol Group
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Kraton Corporation
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Kumho Petrochemical Co., Ltd.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• LG Chem Ltd.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Trinseo
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Taiwan Synthetic Rubber Corporation (TSRC)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Arkema
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Dow Inc.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• BASF SE
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• SIBUR International GmbH
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Versalis (Eni Group)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Biesterfeld AG
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Avient Corporation
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• En Chuan Chemical Industries Co., Ltd.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Milagro Rubber Company, Inc.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Elevate
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments

Conclusion & Recommendation